Operating

Non-cash lease expense

APi Group Non-cash lease expense increased by 14.3% to $32.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.3%, from $28.00M to $32.00M. Over 4 years (FY 2021 to FY 2025), Non-cash lease expense shows an upward trend with a 37.2% CAGR.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026Apr 30, 2026

How to read this metric

Stable levels indicate consistent lease obligations, while significant changes may reflect shifts in real estate or equipment strategy.

Detailed definition

This represents the non-cash portion of lease expenses recognized under accounting standards for right-of-use assets. It...

Peer comparison

Standard for companies with significant leased property or equipment; comparable to peers with similar lease portfolios.

Metric ID: operating_noncash_lease_expense_087a67

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$8.00M$8.00M$7.00M$16.00M$17.00M$16.00M$18.00M$18.00M$18.00M$19.00M$33.00M$26.00M$22.00M$25.00M$24.00M$28.00M$28.00M$26.00M$28.00M$32.00M
QoQ Change+0.0%-12.5%+128.6%+6.3%-5.9%+12.5%+0.0%+0.0%+5.6%+73.7%-21.2%-15.4%+13.6%-4.0%+16.7%+0.0%-7.1%+7.7%+14.3%
YoY Change+112.5%+100.0%+157.1%+12.5%+5.9%+18.8%+83.3%+44.4%+22.2%+31.6%-27.3%+7.7%+27.3%+4.0%+16.7%+14.3%
Range$7.00M$33.00M
CAGR+33.9%
Avg YoY Growth+39.4%
Median YoY Growth+20.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is APi Group's non-cash lease expense?
APi Group (APG) reported non-cash lease expense of $32.00M in Q1 2026.
How has APi Group's non-cash lease expense changed year-over-year?
APi Group's non-cash lease expense increased by 14.3% year-over-year, from $28.00M to $32.00M.
What is the long-term trend for APi Group's non-cash lease expense?
Over 4 years (2021 to 2025), APi Group's non-cash lease expense has grown at a 37.2% compound annual growth rate (CAGR), from $31.00M to $110.00M.
What does non-cash lease expense mean?
Non-cash accounting expense related to the use of leased assets.